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Royal, IL

Full City Profile · Illinois · Vermilion County County

4.3 /5.0
A Great
313 Population 1,739/sq mi density
$93,500 Median Income $50,216 per capita
$144,600 Home Value $214,423 Zillow
$1,109 Median Rent 14.2% income on rent
52°F Avg Temperature 275 sunny days/yr
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.9 / 5.0
$93,500 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$144,600 home value, $1,109/mo rent
C+
Education
2.9 / 5.0
24.1% bachelor's degree or higher

Housing Overview

Median Home Value
$144,600
49% below
US avg: $281,900
Median Rent
$1,109/mo
5% below
US avg: $1,163/mo
Homeownership Rate
86.6%
32% above US avg (65.4%)
Total Housing Units
148
Median year built: 1964

Home Value by Source

Census Median
$144,600
Zillow (ZHVI)
$214,423
Median Sale Price
$210,000
Median List Price
$259,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.6%
Owner-Occupied
13.4%
Renter-Occupied
87%
13%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,109/mo

Market Indicators (Redfin)

Median Days on Market
79 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$119
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
14.2%
of renters spending 30%+ of income on housing
54% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
86.6%

Complete Housing Data

Home Values

Census Median Value$144,600
Zillow Home Value (ZHVI)$214,423
Median Sale Price$210,000
Median List Price$259,900
Price Per Sq Ft$119

Rent

Census Median Rent$1,109
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market79
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$119

Ownership & Stock

Owner-Occupied86.6%
Renter-Occupied13.4%
Homeownership Rate86.6%
Total Housing Units148
Median Year Built1964
Rent Burden14.2%